Verified by Mel Sykes, Industrial Supply Chain Specialist - July 2026
Managing Valve Risk and Reliability in Complex EPC Execution
Managing valve risk and reliability in complex EPC execution is important for ensuring the longevity and efficiency of engineering projects. According to an interview with Mr Tatsuya Tobe from JGC Corporation by Laura Wang and Joanne McIntyre, published in Valve World, valve failures can lead to significant financial losses and project delays.
Common Misconceptions About Managing Valve Risk
One common misconception is that valve reliability solely depends on the quality of valves. However, it's not just about buying top-tier products; it's also about proper installation, maintenance, and inspection throughout a project's lifecycle. Procurement managers often overlook this fact when selecting suppliers.
Financial Implications of Valve Failures
Valve failures can cost millions in repairs and downtime. For example, a recent study by the British Pipeline & Industrial Ducting Association (BPMA) found that valve-related issues alone can account for up to 20% of overall project costs. This highlights why proper risk management is important.
Importance of Proper Installation
Proper installation is critical to preventing valve failures. Engineers must ensure valves are correctly sized and positioned based on the specific requirements of the system. The British Industrial Automation Federation (BIAFD) recommends regular inspections and compliance with standards like ISO 15848 for pipeline systems.
Maintenance Practices
Regular maintenance, including periodic testing and calibration, significantly reduces failure rates. A survey by the British Turbo Manufacturers' Association (BTMA) showed that companies implementing a rigorous valve maintenance program saw a reduction in downtime of up to 30%.
Supplier Selection
Procurement managers must carefully select suppliers who meet industry standards such as BS EN ISO 9001 for quality management systems. Suppliers listed on MLC's directory, like those offering A2-70 stainless steel valves compliant with DIN 32670, can help ensure reliability.
Standard Compliance
Adhering to relevant international and national standards is vital. For instance, using valves that comply with BS EN 1594 for flanges ensures compatibility and safety across systems. This compliance reduces the risk of leaks and failures during operation.
Training and Expertise
Training staff on proper valve installation and maintenance techniques can prevent costly mistakes. The British Compressed Air Society (BCAS) offers courses on pneumatic control valves that help engineers understand their unique requirements and challenges.
Data-Driven Decision Making
Using data analytics to track valve performance over time allows for predictive maintenance, which minimizes unexpected failures. At Managing valve risk and reliability in complex EPC execution, a case study from 2019 by the Institute of Mechanical Engineers highlighted how one company saved £5 million in three years through this approach.
Collaboration Across Disciplines
Effective collaboration between engineers, procurement managers, and suppliers is key to managing valve risk successfully. Engaging with industry bodies like the British Fluid Power Association (BFPA) can provide valuable insights and best practices for complex projects.
Conclusion
Managing valve risk and reliability in complex EPC execution requires a overall approach that includes proper installation, maintenance, supplier selection, and adherence to standards. By prioritizing these factors, UK engineers and procurement managers can significantly reduce costs and improve project outcomes.